Commercial Real Estate Market in Athens, OH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
31 active listings and 2,024 off-market properties in Athens, OH. Commercial property asks $245/SF to buy and $13.00/SF/Yr to lease.
Market Trends
Athens, OH spans 148.6 square miles in Athens County, Ohio. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Athens, OH runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Athens, OH runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Athens, OH runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Athens, OH runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 55.2%
- Commercial 14.8%
- Industrial 11.4%
- Open space 7.6%
Largest Zones share of zoned land by district
Residential One Family
Residential Multifamily
General Business
Industrial
Educational
Athens, OH zones 6,553 acres across 10 districts. Commercial zoning covers 14.8% of zoned land, residential 55.2%, open space 7.6% and industrial 11.4%. The largest single district is Residential One Family at 39.4%. For commercial buyers the practical constraint is that only 26.3% of land carries a commercial or industrial designation.
Residential Multifamily (R3)
The purpose of this zone is to accommodate Residential Zone (Multi-Family)
Market overview
Demographics & Economy
Athens, OH has 33,705 residents in 13,230 households. Density runs 227 people per square mile. Median household income here is $49,604 and median gross rent $1,018 a month.
33,705
Population
13,230
Households
2.5
Avg Household Size
27
Median Age
57%
College-Educated
95%
High-School Grad
148.6 sq mi
ZIP Area
227
Density / Sq Mi
$49,604
Median Household Income
$13,495
Median Earnings
$1,018
Median Rent
$217,700
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Athens?
Commercial property in Athens, OH asks an average of $245 per square foot. The 4 most recent recorded sales traded at a median of $139/SF, so asking sits 76% above the achieved median.
How much does it cost to lease commercial space in Athens?
Asking lease rates in Athens, OH average $13.00 per square foot per year.
What zoning applies to commercial property in Athens?
Athens, OH zones 6,553 acres across 10 districts, of which 14.8% is commercial and 11.4% industrial. The largest single district is Residential One Family at 39.4% of zoned land. Residential zoning covers 55.2% and open space 7.6%.
Where does Realmo's Athens market data come from?
Realmo compiles Athens, OH figures from 4 recent recorded sales, 26 active sale listings, 5 active lease listings, 2,024 tracked off-market properties, the current Athens zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 26 active for-sale and 5 active for-lease listings in Athens, OH. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 6,553 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
